An equilibrium‐based model to investigate market performance of power‐based electricity market
Abstract The conventional model of the day‐ahead electricity markets employs an energy‐based approach to manage the competition among the players. Under this format, it is assumed that everything (including the demand and output power of the generating units) is constant during each hour. This assum...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-06-01
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| Series: | IET Generation, Transmission & Distribution |
| Online Access: | https://doi.org/10.1049/gtd2.12461 |